United Southern Bank

2019 Overview

General Bank Information

FDIC Insured

Yes

FDIC Certificate

# 15465

Date Established

1937

Assets

$0.53 billion

Loans

$0.29 billion

Deposits

$0.47 billion

Capital

$0.05 billion

United Southern Bank is an FDIC insured institution located in Umatilla, FL. It was founded in 1937 and has approximately $0.53 billion in assets.
Customers can open an account at one of its 13 branches.

For a more detailed analysis of United Southern Bank's financial condition and a description of what these numbers mean, please visit the Financial
Details section.

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Branches

United Southern Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Ashburn,Virginia

United Southern Bank Locations

Financial Details

United Southern Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of United Southern Bank.
The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio

United Southern Bank

U.S. Bank Average

8.51%

6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned)
with its the bank’s tangible common equity and its loan loss reserves.
A lower Texas ratio indicates better coverage of problem loans.
The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank
has to absorb its loan losses.

As of March 31, 2019,
United Southern Bank had $4,467,000 in non-current loans and $356,000 in owned real estate.
To cover these potential losses it had $49,830,000 in equity and $6,855,000 in loans loss reserves.
That gives it a Texas Ratio of 8.51%.

Return on Equity

United Southern Bank

U.S. Bank Average

10.25%

9.47%

United Southern Bank has a Return on Equity of 10.25% versus the BestCashCow average of 9.47%.
Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run.
A bank with a consistently low ROE can be considered poorly run.

Capitalization

United Southern Bank

U.S. Bank Average

9.41%

12.49%

United Southern Bank has a Capitalization of 9.41% versus the BestCashCow average of 12.49.
Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet.
The higher the capitalization number the more secure a bank is considered.

United Southern Bank Balance Sheet Analysis

As of March 31, 2019,
United Southern Bank had assets of $529,397,000, loans of $293,952,000, and deposits of $473,834,000.
Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets.
Loan and asset growth may rise or fall depending on a bank's strategy for growth.
Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending.
A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2019

ASSETS

Cash & Balances due from depository institutions

$0.05 billion

Interest-bearing balances

$0.04 billion

Total securities

$0.16 billion

Federal funds sold and reverse repurchase

$0.00 billion

Net loans and leases

$0.29 billion

Loan loss allowance

$0.01 billion

Trading account assets

$0.00 billion

Bank premises and fixed assets

$0.00 billion

Other real estate owned

$0.00 billion

Goodwill and other intangibles

$0.00 billion

All other assets

$0.02 billion

Total Assets

$0.48 billion

LIABILITIES

Total deposits

$0.47 billion

Interest-bearing deposits

$0.43 billion

Deposits held in domestic offices

$0.47 billion

% insured (estimated)

83.41%

Federal funds purchased and repurchase agreements

$0.00 billion

Trading liabilities

$0.00 billion

Other borrowed funds

$0.00 billion

Subordinated debt

$0.00 billion

All other liabilities

$0.01 billion

Total Liabilities

$0.48 billion

Shareholders’ Equity

$0.05 billion

Summary Income Statement

March 31, 2019

INCOME AND EXPENSES

Total Interest Income

$0.01 billion

Total Interest Expense

$0.00 billion

Net interest income

$0.00 billion

Provision for loan and lease losses

$0.00 billion

Total non interest income

$0.00 billion

Total non interest expense

$0.00 billion

Pre-tax Net Operating Income

$0.00 billion

Bank Loan Profile?

The top three loan types in United Southern Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks, United Southern Bank’s loan portfolio does not show any specific loan specialty.